Cornell University Gets $10.5 Million Gift For AI-Related Research

Study In US: A whopping $10.5 million gift will be granted to Cornell University over a period of five years.

Philanthropist Tom Secunda, co-founder of Bloomberg L.P. has announced a whopping $10.5 million gift to Cornell University. It will be granted over a period of five years for artificial intelligence-related research.

While commenting on the gift Secunda said, “I’m proud to be supporting Cornell’s top AI researchers in their pursuit of new, groundbreaking AI developments that will benefit the people of New York. By giving these researchers the freedom to explore all the opportunities that this nascent technology has to offer, we are opening up a new world of technological development. I’m also honored to be contributing to the advancement of Empire AI,” Secunda said, “which is shaping up to be one of the most impactful public-private technology partnerships in recent memory.”

Cornell Empire AI Postdoctoral Fellowship Program Fund

His gift in collaboration with the Jacobs Institute will also create the Cornell Empire AI Postdoctoral Fellowship Program Fund and fund an annual public conference at Cornell Tech.

Provost Kavita Bala said, “Mr. Secunda’s generous support represents a remarkable opportunity for Cornell University, which is already a national leader in AI research, to bring more top AI scholars from around the world to both its Cornell Tech campus in New York City and to Cornell Bowers CIS on our Ithaca campus. The transformational potential of their work will be facilitated by the computing resources now available through the Empire AI Consortium and will also showcase New York state’s leadership in AI.”

Greg Morrisett, the Jack and Rilla Neafsey Dean and Vice Provost of Cornell Tech said that the researchers will also attract new researchers at the Cornell Tech campus.

“The Cornell Tech community is grateful to Tom Secunda for his wisdom and generosity in creating this opportunity for our campus and for the AI research community. Tom’s support allows us to significantly expand our research in AI by attracting an elite cohort of the best researchers in the world. Their work, which will now progress much more quickly thanks to Empire AI, will allow our campus to further increase its significant economic impact on New York City and its growing tech sector," said Greg Morriset.

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